M&A Deal Summary

ILG Acquires Hyatt Residential Group

On October 1, 2014, ILG acquired leisure company Hyatt Residential Group from Hyatt for 220M USD

Acquisition Highlights
  • This is ILG’s 2nd transaction in the Leisure sector.
  • This is ILG’s largest (disclosed) transaction.
  • This is ILG’s 3rd transaction in the United States.
  • This is ILG’s 1st transaction in Florida.

M&A Deal Summary

Date 2014-10-01
Target Hyatt Residential Group
Sector Leisure
Buyer(s) ILG
Sellers(s) Hyatt
Deal Type Divestiture
Deal Value 220M USD

Target

Hyatt Residential Group

Saint Petersburg,, Florida, United States
HV Global Group, Inc. develops, markets, and manages shared ownership resorts in various vacation destinations.

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Buyer(S) 1

Buyer

ILG

Miami, Florida, United States

Category Company
Sector Leisure
DESCRIPTION

ILG, Inc. is a provider of professionally delivered vacation experiences and the exclusive global licensee for the Hyatt®, Sheraton®, and Westin® brands in vacation ownership. The company offers its owners, members, and guests access to an array of benefits and services, as well as world-class destinations through its international portfolio of resorts and clubs. ILG's operating businesses include Aqua-Aston Hospitality, Hyatt Vacation Ownership, Interval International, Trading Places International, Vacation Resorts International, VRI Europe, and Vistana Signature Experiences. Through its subsidiaries, ILG independently owns and manages the Hyatt Residence Club program and uses the Hyatt Vacation Ownership name and other Hyatt marks under license from affiliates of Hyatt Hotels Corporation. In addition, ILG's Vistana Signature Experiences, Inc. is the exclusive provider of vacation ownership for the Sheraton and Westin brands and uses related trademarks under license from Starwood Hotels & Resorts Worldwide, LLC. Headquartered in Miami, Florida, ILG has offices in 15 countries and more than 10,000 associates.


DEAL STATS #
Overall 3 of 4
Sector (Leisure) 2 of 3
Type (Divestiture) 1 of 2
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-12 Aqua Hospitality

Honolulu, Hawaii, United States

Aqua Hospitality, a hotel management company, represents contemporary properties (lifestyle full-service resorts, boutique hotels, budget properties, and a historic hotel) on Oahu, Maui, Kauai, Molokai, and Lanai Hawaiian islands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 Vistana Signature Experiences

Vistana Signature Experiences, Inc. is a developer marketer and manager of 22 high-end vacation ownership resorts with more than 220,000 owners and a world-class team of more than 5,000 associates.

Buy -

Seller(S) 1

SELLER

Hyatt

Chicago, Illinois, United States

Category Company
Founded 1957
Sector Leisure
Employees51,000
Revenue 6.7B USD (2023)
DESCRIPTION

Hyatt is a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, and other properties. Hyatt House hotels offer apartment-style suites with full kitchens, living areas, and more, including a 24-hour gym, and in-house laundry. Hyatt was founded in 1957 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-01 San Antonio 2000

San Antonio, Texas, United States

San Antonio 2000 Ltd (dba Hyatt Regency San Antonio) is a provider of luxurious accommodations, restaurants services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 Royal Palms Resort and

Phoenix, Arizona, United States

Royal Palms Resort and Spa is an online hotel booking platform that offers accommodations, recreation and information on weddings and celebrations.

Buy -